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Morgan Creek Digital

North America, North Carolina, United States, Chapel Hill

Description

Morgan Creek Digital Assets is a prominent investment firm specializing in the burgeoning blockchain and digital asset ecosystem. Co-founded by Anthony Pompliano and Mark Yusko, CEO of the parent Morgan Creek Capital Management, the firm has established itself as a key player in channeling institutional capital into this innovative sector. Their investment mandate is broad, encompassing venture capital, private equity, and hedge fund strategies, primarily targeting companies and protocols that are building foundational infrastructure and applications within the decentralized web.

The firm actively manages capital for a diverse range of institutional investors, including endowments, foundations, pension funds, and family offices, reflecting a growing mainstream acceptance of digital assets as an investable class. Morgan Creek Digital has demonstrated a consistent commitment to the space through the launch of multiple dedicated funds. For instance, they successfully closed their third venture fund, Morgan Creek Digital Venture Fund III, at $52 million in 2021, following earlier funds such as a $40 million vehicle launched in 2019. This progressive increase in fund sizes underscores their expanding influence and the increasing demand from limited partners for exposure to digital assets.

Morgan Creek Digital's investment philosophy centers on identifying and supporting early-stage companies that are poised to become leaders in the digital asset economy. Their portfolio spans various segments, including decentralized finance (DeFi), blockchain infrastructure, and digital asset services. Notable investments include companies like BlockFi, Anchorage, and Figure Technologies, among others, showcasing their focus on critical components of the crypto financial system. The firm typically participates in rounds from seed to Series B, providing not just capital but also strategic guidance and network access to their portfolio companies, aiming for long-term value creation in a rapidly evolving technological landscape.

The firm's public profile, significantly amplified by co-founder Anthony Pompliano's advocacy, positions them as thought leaders in the digital asset space. They are known for their conviction in the transformative potential of blockchain technology, often engaging in public discourse to educate and promote the adoption of decentralized solutions. This combination of strategic investment, institutional backing, and strong industry advocacy defines Morgan Creek Digital's unique position in the venture capital landscape.

Investor Profile

Morgan Creek Digital has backed more than 30 startups, with 5 new investments in the last 12 months alone. The firm has led 13 rounds, about 43% of its total and boasts 2 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in United States, Canada, Switzerland.
  • Strong thematic focus on Blockchain, FinTech, Financial Services.
  • Led 3 rounds in the past year.
  • Typical check size: $500K – $5M.

Stage Focus

  • Seed (30%)
  • Series A (20%)
  • Series B (17%)
  • Series C (7%)
  • Series Unknown (7%)
  • Series D (7%)
  • Pre Seed (7%)
  • Angel (3%)
  • Initial Coin Offering (3%)

Country Focus

  • United States (73%)
  • Canada (10%)
  • Switzerland (3%)
  • Bermuda (3%)
  • Dominican Republic (3%)
  • Estonia (3%)
  • Hong Kong (3%)

Industry Focus

  • Blockchain
  • Fintech
  • Financial Services
  • Cryptocurrency
  • Web3
  • Bitcoin
  • Finance
  • Software
  • Consumer Lending
  • Banking
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Morgan Creek Digital frequently co-invest with?

CMT Digital Ventures
North America, Illinois, United States, Chicago
Co-Investments: 6
Akuna Capital
North America, Illinois, United States, Chicago
Co-Investments: 3
Valar Ventures
North America, New York, United States, New York
Co-Investments: 4
Kenetic
Asia, Hong Kong Island, Hong Kong, Central
Co-Investments: 4
Hashkey Exchange
Asia, Hong Kong Island, Hong Kong, Hong Kong
Co-Investments: 4
Digital Currency Group
North America, Connecticut, United States, Stamford
Co-Investments: 4
AV
North America, Massachusetts, United States, Boston
Co-Investments: 4
Winklevoss Capital
North America, New York, United States, New York
Co-Investments: 4
Alumni Ventures
North America, New Hampshire, United States, Manchester
Co-Investments: 3
Castle Island Ventures
North America, Massachusetts, United States, Cambridge
Co-Investments: 4

Which angels does Morgan Creek Digital often collaborate with?

RB
North America, California, United States, San Francisco
Shared Deals: 1
JL
North America, New York, United States, Brooklyn
Shared Deals: 1
AS
North America, California, United States, San Francisco
Shared Deals: 1
AA
North America, New York, United States, New York
Shared Deals: 1
Shared Deals: 1
Russell Verbeeten
North America, Ontario, Canada, Toronto
Shared Deals: 1
MA
North America, California, United States
Shared Deals: 1
MD
North America, Wisconsin, United States, Milwaukee
Shared Deals: 1
AL
Europe, Oslo, Norway
Shared Deals: 1
AH
North America, New York, United States, Brooklyn
Shared Deals: 1

What are some of recent deals done by Morgan Creek Digital?

Diraq

Sydney, New South Wales, Australia

Diraq aims to redefine scalable quantum computing and bring practical commercial applications to the world.

ComputerHardwareQuantum ComputingSemiconductorSoftware
Series UnknownJul 8, 2025
Amount Raised: $15,000,000
EnCharge AI

Santa Clara, California, United States

EnCharge AI designs analog in-memory-computing AI chips and develops AI systems for AI computing.

Artificial Intelligence (AI)Embedded SoftwareSemiconductorSoftware
Series BFeb 13, 2025
Amount Raised: $100,000,000
Hex Trust

Hong Kong, Hong Kong Island, Hong Kong

Hex Trust is a fully-licensed and insured provider of bank-grade custody for digital assets.

BankingBlockchainCloud InfrastructureCryptocurrencyFinancial ServicesFinTechIT Infrastructure
Series UnknownFeb 2, 2025
Avalanche

Brooklyn, New York, United States

Avalanche provides a decentralized contracts platform for global finance, with near-instant transaction completion.

BlockchainFinancial ServicesFinTechTransaction Processing
Initial Coin OfferingDec 12, 2024
Amount Raised: $250,000,000
Provenance Blockchain Labs (ProvLabs)

San Francisco, California, United States

ProvLabs is a fintech company that offers blockchain SaaS solutions for financial institutions.

BlockchainFinancial ServicesFinTechSaaSWeb3
SeedNov 8, 2024
Amount Raised: $17,650,200
Arch

New York, New York, United States

Arch is a financial technology company that offers credit to alternative asset owners.

CreditFinancial ServicesFinTechLending
SeedAug 22, 2024
Amount Raised: $5,000,000
Capa

Santo Domingo, Distrito Nacional, Dominican Republic

Capa is an interoperability protocol that connects fiat and blockchains in LATAM.

AppsBankingMobile Apps
Pre SeedApr 12, 2024
Amount Raised: $1,500,000
Armilla AI

Toronto, Ontario, Canada

Armilla AI is a governance platform that enables algorithmic accountability to drive ethical decisions with transparency.

Artificial Intelligence (AI)Software
SeedFeb 15, 2024
Amount Raised: $4,455,616
Horizon Blockchain Games

Toronto, Ontario, Canada

Horizon is a blockchain infrastructure company that makes web3 easy, fun, and accessible for users and builders.

BlockchainGamingInfrastructureOnline GamesVideo GamesWeb3
Series AOct 4, 2022
Amount Raised: $40,000,000
AIKON

San Francisco, California, United States

AIKON makes blockchain technology simple. We build cross-chain identity and wallet solutions - ORE ID and ORE Vault.

BlockchainEthereumFinTechSoftware
Series ASep 29, 2022
Amount Raised: $10,000,000